Alset AI Completes Majority Acquisition of AI Cloud Computing Company Cedarcross Technologies
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Alset AI Ventures Inc. has completed a majority acquisition of Cedarcross Technologies, increasing its ownership to 75%. This move strengthens Alset AI's position in the AI cloud computing sector.
February 26, 2025 | 12:45 pm
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Alset AI Ventures Inc. has acquired a 75% stake in Cedarcross Technologies, enhancing its AI cloud computing capabilities and market position.
The acquisition of a majority stake in Cedarcross Technologies significantly enhances Alset AI's capabilities in AI cloud computing, likely leading to positive investor sentiment and potential stock price increase.
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